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The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality.

Ludwig von Mises

Related Topics

Attitude Boss Capital Consumer Economic Market Real Running System

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Creative Genius Innovator Men School Taught
Freedom really means the freedom to make mistakes.
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Freedom Make Mean Mistake
The truth is that the government cannot give if it does not take from somebody…It is not in the power of the government to make everybody more prosperous.
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Doe Giving Government Somebody Truth
None can stand aside with unconcern; the interest of everyone hangs on the result. Whether he chooses or not, every man is drawn into the great historical struggle, the decisive battle into which our epoch has plunged us.
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Approach Battle Decisive Hang None Plunged Result Unconcern
It is vain to fight totalitarianism by adopting totalitarian methods. Freedom can only be won by men unconditionally committed to the principles of freedom.
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Adopt Fight Method Totalitarian Vain
The gold standard did not collapse. Governments abolished it in order to pave the way for inflation.
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Abolish Collapse Country Gold Government Inflation Order Pave Wave
There is no means of avoiding the final collapse of a boom brought about by credit expansion.
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Avoid Boom Collapse Credit Expansion Final Liberty Mean
Know that every breath is a miracle and every moment a blessing and you will achieve your dreams.
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Archive Bless Breath Breathe Dream Know Miracle Moment
Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.
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Corollary Economic Government Market Political Representative Socialism
The truth is that most people lack the intellectual ability and courage to resist a popular movement, however pernicious and ill-considered.
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Consider Courage Intelectual Most Movement People Popular Truth
Taxing profits is tantamount to taxing success.
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Profit Success Tantamount Tax
Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which the cooperation of individuals in the social division of labor is achieved by the market.
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Answer Change Cooperative Division Economical Free Individual Labor Market Mean Mena Simple System
It is the soil in which the seeds of freedom are nurtured and in which the autonomy of the individual and ultimately all intellectual and material progress are rooted.
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Unemployment doles can have no other effect than the perpetuation of unemployment.
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Depression Government Interference Market Mass Unemployment
Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions.
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Call Consequences Government Intervention Marketplace Unintended

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